other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}

Adviser Profile

As of Date 03/29/2024
Adviser Type - Large advisory firm
Number of Employees 3 -70.00%
of those in investment advisory functions 2 -75.00%
Registration SEC, Approved, 6/29/2015
AUM* 1,148,886,000 -5.69%
of that, discretionary 1,148,886,000 -5.69%
Private Fund GAV* 1,148,886,000 -5.69%
Avg Account Size 127,654,000 -5.69%
SMA’s No
Private Funds 3
Contact Info 212 xxxxxxx
Websites

Client Types

- Pooled investment vehicles

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 1B 1B 889M 667M 444M 222M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count3 GAV$1,148,886,000

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser MOUNT LUCAS MANAGEMENT LP Hedge Fund233.4m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV233.4m AUM1.1b #Funds1
Adviser KINETIC PARTNERS MANAGEMENT, LP Hedge Fund1.6b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.6b AUM1.6b #Funds1
Adviser PRAESIDIUM INVESTMENT MANAGEMENT Hedge Fund148.1m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV148.1m AUM897.5m #Funds2
Adviser KARYA CAPITAL MANAGEMENT LP Hedge Fund3.7b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV3.7b AUM3.7b #Funds1
Adviser ASTIGNES CAPITAL ASIA PTE. LTD. Hedge Fund1.1b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.1b AUM1.1b #Funds3
Adviser QUANTITATIVE SYSTEMATIC STRATEGIES LLC Hedge Fund2.0m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.0m AUM2.0b #Funds1
Adviser ATOM INVESTORS LP Hedge Fund1.6b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.6b AUM1.7b #Funds1
Adviser PENSO ADVISORS, LLC Hedge Fund263.6m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV263.6m AUM890.0m #Funds5
Adviser BRILLIANCE ASSET MANAGEMENT LIMITED Hedge Fund1.1b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.1b AUM1.0b #Funds3
Adviser SCHWERIN BOYLE CAPITAL MANAGEMENT, INC Hedge Fund320.2m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV320.2m AUM1.1b #Funds1

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck TickerD18190898 Stock NameDEUTSCHE BANK A G $ Position$275,839,702 % Position75.00% $ Change-6.00% # Change-8.00%
Stck Ticker138103106 Stock NameCANTALOUPE INC $ Position$61,186,580 % Position17.00% $ Change3.00% # Change0.00%
Stck Ticker87427V103 Stock NameTALKSPACE INC $ Position$22,529,880 % Position6.00% $ Change-36.00% # Change0.00%
Stck Ticker53013F100 Stock NameLIBERATED SYNDICATION INC $ Position$7,022,400 % Position2.00% $ Change4.00% # Change4.00%

Brochure Summary

Overview

Hudson Executive was founded in January 2015, and although working primarily from remote locations at present, has and will operate from offices in New York, New York. Hudson Executive seeks value-oriented opportunities where actionable operational improvements and/or strategic transactions can unlock value through Constructive Engagement® with the managements, boards of directors, and shareholders of public companies in which its clients invest. Hudson Executive provides discretionary investment advisory services to pooled investment vehicles operating as private investment funds which are organized as domestic or foreign limited partnerships or corporations (each a “Client Fund” and collectively the “Client Funds”). As of December 31, 2023, Hudson Executive had approximately $1,148,886,000 in regulatory assets under management in the Client Funds. Douglas Braunstein (the “Founding Partner”) indirectly controls Hudson Executive through his positions as the Managing Member of Hudson Executive’s general partner, HEC Management GP LLC (the “Management GP”), and as the Founding Partner of Hudson Executive. Hudson Executive’s current clients include a family of private investment funds operating through a “master-feeder” structure (collectively, the “Flagship Fund”), and a special purpose vehicle, HEC Investment Fund Cayman Master Ltd. (“SPV II”). SPV II was created to provide a single co-investment with the Flagship Fund. SPV II was created in April 2018. The Flagship Fund includes the following entities:  HEC Master Fund LP, a Cayman Islands exempted limited partnership (the “Master Fund”);  HEC Onshore Fund LP, a Delaware limited partnership (the “Onshore Feeder”);  HEC Offshore Fund Ltd, a Cayman Islands exempted company (the “Offshore Feeder”); and  HEC Intermediate Fund LP, a Cayman Islands exempted limited partnership (the “Intermediate Fund”). The Onshore Feeder invests its assets in the Master Fund. The Offshore Feeder invests its assets in the Intermediate Fund, and the Intermediate Fund invests its assets in the Master Fund. The Master Fund trades in securities and investment instruments and otherwise executes the investment program of the Flagship Fund. HEC Performance GP LLC (the “Performance GP”) is the general partner of the Master Fund, the Onshore Fund, and the Intermediate Fund. Hudson Executive is the investment manager
of the Flagship Fund. In December 2023, Hudson Executive notified investors of its intent to formally wind down the Flagship Fund and return investor capital as liquidity events are realized over time. SPV II co-invests in securities of a company also held by the Flagship Fund. HEC SPV II GP LLC, a Delaware limited liability company (the “SPV II GP”), is an affiliate of Hudson Executive indirectly controlled by the Founding Partner. SPV II GP is the general partner of the SPV II feeder funds: HEC SPV II Cayman LP, a Cayman Islands exempt limited partnership; HEC SPV II Master Fund LP, a Cayman Islands exempt limited partnership; and HEC SPV II USA LP, a Delaware limited partnership. Hudson Executive is the investment manager of SPV II. Hudson Executive does not tailor its advisory services to the individual needs of the underlying investors in the Client Funds (the “Investors”) and does not accept Investor-imposed investment restrictions for the Client Funds. Hudson Executive has discretion to manage the investment program of each Client Fund in its judgment, subject to the investment guidelines and restrictions set forth in the investment management agreement between the relevant Client Fund and Hudson Executive. Hudson Executive does not currently offer investment advisory services to separately managed accounts or other services tailored to the needs of individual clients. Hudson Executive does not currently participate in wrap fee programs. This Brochure does not constitute an offer to sell or a solicitation of an offer to buy any securities. The Client Funds’ interests are offered and sold on a private placement basis under exemptions promulgated under the Securities Act of 1933, as amended, and other exemptions of similar import under U.S. federal and state laws and the laws of other jurisdictions where any offering may be made. The descriptions set forth in this Brochure of specific advisory services that Hudson Executive offers to clients, and investment strategies pursued and investments made by Hudson Executive on behalf of its clients, should not be understood to limit in any way Hudson Executive’s investment activities. Hudson Executive may offer any advisory services, engage in any investment strategy and make any investment, including any not described in this Brochure, that the law permits and Hudson Executive considers appropriate.